Sarveshwar Foods Limited on Thursday informed the stock exchanges that its board of directors has approved a bonus issue of shares in the ratio of 2:1, meaning shareholders will receive two bonus equity shares for every one share held.
In addition to the bonus issue, the board also cleared a proposal to raise the company’s authorised share capital from ₹75 crore to ₹225 crore, paving the way for future equity issuances. To facilitate this, the directors approved amendments to the company’s Memorandum of Association (MoA) and Articles of Association (AoA).
The company further stated that it will be convening an extraordinary general meeting (EGM) of shareholders on September 14, 2025, to seek approval for these corporate actions.
Sarveshwar Foods, known for its rice and organic food products, has been expanding its portfolio and strengthening its presence both in the domestic and export markets. The bonus issue is aimed at rewarding shareholders and enhancing liquidity in the stock, while the capital restructuring is expected to support the company’s long-term growth strategy.